... 2016 achieved a 20% growth over the corresponding period in 2015. To strengthen the guidance on insurers’ corporate governance and risk management, we revised the Guidance Note on the Corporate Governance of Authorised Insurers (GN10) in October 2016 to incorporate high level standards that were on a...

... 2016 achieved a 20% growth over the corresponding period in 2015. To strengthen the guidance on insurers’ corporate governance and risk management, we revised the Guidance Note on the Corporate Governance of Authorised Insurers (GN10) in October 2016 to incorporate high level standards that were on a...

... 2016 achieved a 20% growth over the corresponding period in 2015. To strengthen the guidance on insurers’ corporate governance and risk management, we revised the Guidance Note on the Corporate Governance of Authorised Insurers (GN10) in October 2016 to incorporate high level standards that were on a...

... insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes to align with the requirements in this Guideline. A transitional period of 12 months from the Effective Date (i.e. from 23 September 2019 to 22 September...

... insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes to align with the requirements in this Guideline. A transitional period of 12 months from the Effective Date (i.e. from 23 September 2019 to 22 September...

... insurers and licensed insurance intermediaries to which this Guideline applies may require time to update their documentation, controls and processes to align with the requirements in this Guideline. A transitional period of 12 months from the Effective Date (i.e. from 23 September 2019 to 22 September...

... trial including types of long term insurance products to be covered, length of the trial period (including different phases, if any), target customers (i.e. new / existing / vulnerable customers / Mainland China Visitors (“MCV”) etc), VC facility to be used (i.e. proprietary or third-party) and the...

... the period from 1 January to 31 December 2017: (3.1) (a) Percentage (%) of policies arranged for Hong Kong based individual policyholders (e.g. with Hong Kong identity cards) % (b) Percentage (%) of policies arranged for non-Hong Kong based individual policyholders (e.g. without Hong Kong identity...

... period. Therefore, for the first ORSA Report to be submitted to IA in 2021, insurers should adopt the methodology in the third QIS as the benchmarked regulatory capital requirements. (See paragraph 11.3) 8. Relief measures in early years of implementation of the Guideline To respond to insurers’ comments...